Economic conditions outlook during turbulent times, March 2023 As the year draws to a close,global respondents expect the threat of geopolitical instability and conflicts to persist well into 2024. In our latest
The latest ACCA IMA Global Economic Conditions Survey (GECS) suggests that confidence globally among accountants and finance professionals has declined for the third consecutive quarter and is now moderately below its long-term average. A good cross-check on the economic outlook is provided by our t...
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predicts that China's economy will grow 5.2 percent in 2023 and 5 percent in 2024 as the government is expected to further take actions to ensure the orderly resolution of debt problems of some large property developers and the sustainability of local government finance. Monetary and fiscal polici...
"While external demand will remain soft through the first half of 2023, Asia's domestic demand is supported by reopening and the easing of financial conditions," two Asia economists of Morgan Stanley wrote in November on Singapore-based The Business Times. "In 2023, Asia's growth will be abl...
Grocery CEOs remain concerned—although less so than last year.Seventy-six percent of European grocery retail CEOs in our survey remain concerned about challenging market conditions (Exhibit 3). Thirty-six percent expect market conditions to become worse than in the prior year (down from 44 percent...
Meanwhile, the global economy is projected to grow 3.1 percent both this year and next, when tight monetary policy and financial conditions are set to continue. Warning of the global debt and financial risks brought by a higher-for-longer interest rate environment, Zhou Xiaochuan, co-chairman of...
Financial gain seems to be the motive for promising miracles and blessings.The preliminary findings as presented in this chapter show that poverty is a breeding ground for financial abuse. The poor aspire to escape the conditions they are living under. Since they have limited physical options and...
Although the country continues to face challenges such as a lack of effective demand, overcapacity in certain sectors, and lackluster social expectations, overall, favorable conditions outweigh unfavorable factors, and the fundamental trend of the country's economic recovery and long-term positive outlook...
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